Business · Updated 26 Oct, 04:32 pm IST
Imarticus plans confidential DRHP for ₹1,000 Cr IPO within 2–3 months
Why it matters for readers: This shows an edtech company expanding via acquisition and public markets, which affects how education services grow and reach learners.
- Imarticus Learning intends to file its DRHP with SEBI through the confidential route for a ₹1,000 crore IPO within two to three months.1
- The proposed issue size has been increased from an earlier planned ₹750 crore to ₹1,000 crore.1
- Proceeds from the IPO are expected to support acquisitions, new learning centres and growth of its B2B enterprise training business.1
- Imarticus recently acquired Singapore’s BELLS Institute of Higher Learning for about ₹800 crore as part of its expansion into Southeast Asia.1
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